SOLUTION: If $500 is deposited in an account paying 8.6% annual interest, compounded continuously, how long will it take for the account to increase to $825?

SOLUTION: If $500 is deposited in an account paying 8.6% annual interest, compounded continuously, how long will it take for the account to increase to $825?

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Question 385398: If $500 is deposited in an account paying 8.6% annual interest, compounded continuously, how long will it take for the account to increase to $825?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!

years

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